At Loan112, a subsidiary of VIMANO TECH PRIVATE LIMITED,we prioritize the trust you place in us. As a marketplace platform connecting borrowers with multiple lenders, we are committed to upholding ethical standards in the collection, usage, and protection of your information. Your privacy and security are of utmost importance to us.
This Privacy Policy governs the use of our website, mobile applications, products, and services. By accessing and using our platform, you indicate your acceptance of this policy and our terms of use.
We understand your concerns regarding the use and sharing of your personal information. Rest assured, we handle your data responsibly and implement appropriate measures to safeguard it. Carefully read this Privacy Policy alongside the Terms of Use available on our website. Your continued use of our platform constitutes your legally binding agreement to this policy. If you do not agree, please refrain from using our services.
By accepting this Privacy Policy, you expressly consent to Loan112's collection, retention, analysis, use, and disclosure of your information as described below.
Information We Collect:
Personal Information:
Name, contact details, date of birth, and other identifiers provided during the loan application process.
Financial Information:
Bank account details, credit card numbers, income information, and other financial data necessary for evaluating loan eligibility and facilitating transactions.
Transaction Information:
Loan application history, repayment records, and account details to manage your borrowing experience.
Third-Party Information:
With your consent, we may access information from third parties, such as credit bureaus or social networking sites, as permitted by their privacy settings.
-How We Use Your Information:
Loan Matching and Processing:
Connect borrowers with lenders by processing applications efficiently and identifying suitable loan offers.
Customer Support:
Provide assistance and resolve disputes related to your loan journey.
Legal and Regulatory Compliance:
Comply with laws and regulations to ensure a secure and transparent lending process.
Enhancing User Experience:
Analyze non-personal data to improve platform functionality and tailor services to user preferences.
Information Sharing
With Lenders and Service Providers:
Share relevant information with lenders and trusted service providers (e.g., credit bureaus, payment processors) to facilitate loan offers and repayments.
Legal Obligations:
Disclose information as required by law or to protect our legal rights and comply with judicial processes.
Business Transfers:
Analyze non-personal data to improve platform functionality and tailor services to user preferences.
Security and Data Retention
Data Protection:
Employ industry-standard encryption and security measures to protect your personal information.
Data Retention:
Retain information as long as necessary for operational, legal, or regulatory purposes.
Your Rights
Access and Correction:
Request access to your personal information and seek corrections if needed.
Consent Withdrawal:
Withdraw consent for data processing at any time, subject to legal obligations.
Cookies:
Manage cookies in your browser settings to control tracking and personalization features.
Dispute Resolution
All disputes arising from this Privacy Policy shall be resolved under the jurisdiction of the courts in Delhi, India, following applicable Indian laws.
Rest assured that your information is treated with the utmost confidentiality and used solely for the purposes stated above. We prioritize the security and privacy of your data at Loan112.
Information Sharing:
We may share your information in the following circumstances:
Service Providers: We may share your information with trusted service providers who assist us in our business operations, such as credit bureaus, lenders, and credit card processors. This ensures a smooth loan processing experience.
Legal Requirements: We may disclose your information when required by law, such as in response to a subpoena or court order, to comply with legal obligations and protect our rights.
Business Transfers: In the event of a sale, merger, or transfer of our business, your information may be shared with the acquiring or merged entity to continue providing you with our services.
Data Retention: We retain your personal information for as long as necessary to provide you with our services or as required by law, ensuring your data is handled responsibly and securely.
Your Rights: You have the right to request access to your personal information, seek corrections or deletions, and withdraw your consent for the processing of your data. We respect your choices and privacy preferences.
Dispute Resolution: All disputes arising from this Privacy Policy shall be resolved under the jurisdiction of the courts in Delhi, India, following applicable Indian laws.
Grievance Officer: For any concerns or grievances, please contact our Grievance Officer:
JITENDRA
498,THIRD FLOOR, UDYOG VIHAR PHASE 3, GURUGRAM, HARYANA, 122016
We are committed to addressing your concerns promptly and effectively.
Changes to This Privacy Policy:
We may update this policy periodically to reflect changes in our practices or legal requirements. Please review it regularly to stay informed about how we protect your data.
At Loan112, we are dedicated to providing a transparent, secure, and user-friendly platform that connects borrowers with trusted lenders. Your privacy and trust remain our top priorities.
SOLOMON CAPITAL PRIVATE LIMITED is a loan aggregator that simplifies borrowing by connecting customers with multiple lenders. Loan112 is the brand name under which the company conducts its lending operations and specialize in meeting customer's instant financial needs.
